Overview
- The central bank will buy Government of India securities in two ₹50,000 crore tranches via multi‑security auctions using the multiple‑price method.
- The first auction will target specific bonds, including 6.01% 2030, 6.10% 2031, 7.18% 2033, 6.19% 2034, 6.33% 2035, 6.92% 2039, and 7.30% 2053, without security‑wise allocations.
- Eligible participants must submit bids on the E‑Kuber platform between 9:30–10:30 IST on March 9, with results the same day and SGL settlement by 12:00 IST on March 10.
- RBI retains discretion on quantities per security, may accept less than the aggregate, can purchase marginally different totals, and may fully or partially reject offers.
- The move follows a review of market conditions, with banking‑system liquidity near ₹3.02 lakh crore in surplus and about ₹2.50 lakh crore already injected through OMOs this calendar year.